Qualcomm Takes Legal Fight With Arm to Global Antitrust Agencies [Yahoo! Finance Canada]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg In private meetings and confidential filings to regulators on three continents, Qualcomm is arguing that Arm — its biggest supplier — is guilty of anticompetitive behavior, according to people familiar with the matter. Qualcomm's complaints to the European Commission, US Federal Trade Commission and Korea Fair Trade Commission allege that Arm is hurting competition by restricting access to its technology after operating an open network for more than 20 years, said the people. Qualcomm, the No. 1 maker of chips that run phones, contends that Arm created a heavy reliance on its technology through an open licensing model, which also fostered a thriving chip industry. Qualcomm is telling competition authorities around the world that that dynamic market is now threatened as Arm restricts access to boost profits through its own chipmaking ambitions, said the people, who asked not to be named discussing confidential matters. A spokesperson for Qualcomm decli
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